Fiera Capital (TSE:FSZ) Price Target Raised to C$8.00 at Scotiabank

Fiera Capital (TSE:FSZ) had its target price lifted by Scotiabank from C$7.50 to C$8.00 in a research report released on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other analysts also recently commented on the company. Desjardins upgraded Fiera Capital to a “hold” rating in a report on Tuesday, June 3rd. CIBC reduced their price target on shares of Fiera Capital from C$6.75 to C$6.50 and set a “neutral” rating on the stock in a research report on Monday, April 28th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of C$7.21.

Fiera Capital Trading Up 2.4%

Shares of FSZ opened at C$6.73 on Monday. The stock has a fifty day moving average of C$6.45 and a two-hundred day moving average of C$6.46. The company has a debt-to-equity ratio of 261.73, a quick ratio of 1.05 and a current ratio of 1.31. The company has a market capitalization of C$6.06 million, a PE ratio of 11.28, a price-to-earnings-growth ratio of -0.87 and a beta of 0.86. Fiera Capital has a fifty-two week low of C$5.50 and a fifty-two week high of C$10.92.

Insider Transactions at Fiera Capital

In other Fiera Capital news, Senior Officer Luca Emilio Pontillo sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of C$5.89, for a total value of C$58,898.00. Also, Director Guy Masson purchased 20,000 shares of the company’s stock in a transaction on Wednesday, June 11th. The stock was purchased at an average price of C$5.91 per share, for a total transaction of C$118,148.00. Company insiders own 0.86% of the company’s stock.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.